3 ms·
There is an interesting podcast with Steven Kaplan about the same issue. His research showed a similar result: CEOs are paid fairly and have had wage growth si
by polyfractal 15y ago
There is an interesting podcast with Steven Kaplan about the same issue. His research showed a similar result: CEOs are paid fairly and have had wage growth similar to other highly skilled fields (doctors, lawyers, etc).
Conversely, he found that hedge fund managers have absolutely skyrocketed past everyone else. They have totally blown past any type of normal wage growth and are the real culprit for the "1%" phenomenon.
http://www.econtalk.org/archives/2011/11/kaplan_on_the_i.html http://www.econtalk.org/archives/2011/11/kaplan_on_the_i.htm...